Slab import prices in Asia up on rising offers, HRC recovery

December 03, 2019 / www.metalbulletin.com / Article Link

Import prices for steel slab in Southeast Asia and East Asia widened upwards over the past week as suppliers increased their asking prices amid a sustained uptrend in the price of HRC.

But market participants questioned whether these hikes will be accepted by buyers
"It is unlikely that re-rollers can accept the hiked prices given the narrow spread with regional HRC prices," a trader in Taiwan said.

HRC prices in Southeast Asia's main import market in...

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